Baidu’s share price rose more than 8% at one time, and its market value exceeded 100 billion US dollars for the first time


Tencent technology news on the evening of February 9, Baidu’s share price soared more than 8%, reaching $300, and its market value exceeded $100 billion for the first time.
As of 10:04 EDT (23:04 Beijing time), Baidu’s share price rose by 8.21%, with a market value of US $102.1 billion, the highest ever rising to US $301.5 on the same day.
Baidu has risen for the seventh consecutive trading day, accumulating more than 21%. According to market news before the offer, Baidu has launched a five-year financing of US $3 billion. Bank of China, China Construction Bank, China Minsheng Bank, Citigroup and DBS Bank are the initial underwriters of Baidu’s bullet loan.